Projecting spending on capital equipment, software, and more in the metalworking, plastics processing, and additive manufacturing industries.
The Capital Spending Survey reveals long-term trends, next-year projections, and spending insights by item, market, facility size, and region.
Gardner Business Media’s Capital Spending survey projects a modest decline of 7.4% in machine tool spending next year. While job shops are taking a wait-and-see posture, large plants plan robust spending with machining centers leading the way.
“Helps me to be in a position to make some decisive decisions and recommendations in my business. As a player in the machine tool building industry, please accept my sincere gratitude and appreciation for your painstaking efforts to administer the survey as well as to connect the dots for us in a manner that is both informative and meaningful.”
– PRESIDENT & CEO, MACHINE TOOL MANUFACTURER
The Capital Spending Survey is conducted by Gardner Intelligence every July, usually resulting in a new set of reports available in October.
Gardner intelligence creates two Capital Spending Surveys – a metalworking survey and a plastics processing survey. A paper version of one of those surveys is packaged with July issues of Gardner Business Media’s Modern Machine Shop and Plastics Technology publications. It is delivered to a select group of approximately 65,000 total subscribers, primarily in company management positions. Invitations are also sent via email. The survey asks respondents to provide dollar amounts of anticipated spending on specific items for the next calendar year and includes additional questions covering the motivations for spending and firmographic information. Respondents have until July 31 to return the paper survey or complete it online. Responses are then tabulated and projected across the metalworking, plastics processing and additive manufacturing industries based on facility size.
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